NOT LISTED FOR SALE

18 Rainbow Cir Bristol, VA 24201

Estimated Value: $179,717 - $192,000

3 Beds
1.5 Baths
1,224 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $87,000 $71 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,143/month

5 Days on Market

Highlights

  • Deck
  • Level Lot
  • Heat Pump System
  • Cooling Available
  • Carpet

About This Home

As of March 2020

Welcome to Valley Place Townhomes! Rare opportunity for a well cared for townhome in a convenient location between Exits 5 and 7. You will love this community it has plenty of parking and it's just the right size so you won't feel lost in a large complex. This home has 3 Bedrooms all on the top level with a full bathroom. Downstairs you have a half-bath, living room, dining area and kitchen with plenty of counter space. Outside you have a private deck to enjoy on warm days. HOA includes mowing, parking maintenance, and exterior pressurewashing.

Last Agent to Sell the Property

LEANN MAHAFFEY

Property Executives Johnson City License #333737 Listed on: 02/23/2020

Last Buyer's Agent

Andrew Neese

Prestige Homes of the Tri Cities, Inc. License #0225098384

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1997

Lot Details

  • 2,309

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • 1,224 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Van Pelt Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Deck
  • Property is in average condition

Community Details

  • Valley Place Townhomes Condos

Listing and Financial Details

  • Assessor Parcel Number 20 7 9

Townhouse Details

Home Type

Townhome

Year Built

Built in 1997

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: From Exit 5 Hwy 11, turn on Old Abingdon Hwy, left on E Valley Drive, home is on the right
  • Prop. Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Architectural Style: Townhouse
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Van Pelt
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1224.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 20 7 9
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Flooring Carpet: Yes
  • General Property Description HOA Fee: 50.0
  • General Property Description CondoCo-OpPUD Name: Valley Place Townhomes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Style Townhouse: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • General Property Description Baths - 12: 1

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association: Yes

Schools

  • Elementary School: Van Pelt
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: Res
  • Parcel #: 20 7 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
Mar 27, 2020
Sold by
Baker Judy Ann
Bought by
Belmont Ventures Llc
Seller's Agent
LEANN MAHAFFEY
Property Executives Johnson City
Buyer's Agent
Andrew Neese
Prestige Homes of the Tri Cities, Inc.
List Price
$85,000
Sold Price
$87,000
Premium/Discount to List
$2,000
2.35%
Current Estimated Value
$185,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,429
Avg. Annual Appreciation
13.84%
Original Mortgage
$73,950
Outstanding Balance
$65,511
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$119,918

Purchase Details

Closed on
Jun 20, 2017
Sold by
Carter Christopher Paris
Bought by
Baker Judy Ann

Purchase Details

Closed on
Apr 10, 2017
Sold by
Baker Judy Ann
Bought by
Carter Christopher Paris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Belmont Ventures Llc $87,000 Attorney
Baker Judy Ann -- None Available
Carter Christopher Paris $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belmont Ventures Llc $73,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $87,000 +2.4% $71 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $85,000 -- $69 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,532 $164,700 $20,000 $144,700
2024 $988 $88,200 $10,000 $78,200
2023 $1,032 $88,200 $10,000 $78,200
2022 $988 $88,200 $10,000 $78,200
2021 $988 $88,200 $10,000 $78,200
2020 $922 $78,800 $10,000 $68,800
2019 $922 $78,800 $10,000 $68,800
2018 $461 $78,800 $10,000 $68,800
2016 -- $77,400 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9904987

Tennessee/Virginia Regional MLS

APN: 20-7-9